The forecast for sunflower oil production in Italy shows a gradual decline from 146.57 thousand metric tons in 2024 to 144.43 thousand metric tons in 2028. The decrease is consistent year-on-year, averaging a compound annual growth rate (CAGR) of approximately -0.3% over the five-year period. In 2023, production stood slightly above these forecast figures, indicating a steady but slight decrease over time. This trend suggests a mild but persistent contraction in production levels.
Future Trends to Watch For:
- Potential shifts in agricultural policies or subsidies that might impact production.
- Impact of climate change on crop yields and agricultural productivity.
- Technological advancements and their adoption in farming practices to potentially increase efficiency.
- Changing market demands and consumer preferences affecting production incentives.
